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The Supreme Court of Victoria in ISPT Pty Ltd v CSR [2026], has confirmed that the Commissioner of State Revenue can impose duty, where a unit holder acquires two separate interests in a public unit trust, on the aggregate amount of those interests.
Common in the not-for-profit space, deductible gift recipient (DGR) status allows organisations endorsed by the Australian Taxation Office (ATO) to receive donations which donors may then claim as tax deductions.
In Sky Jade Corporation Pty Ltd v Commissioner of State Revenue (Vic) [2026] VCAT 421, the Victorian Civil and Administrate Tribunal confirmed that nominating a purchaser under a standard contract of sale of land will trigger additional duty if land development occurs prior to settlement. The Tribunal also confirmed that a nominee, nominated pursuant to a sale of real estate nomination form, will be considered to have obtained a right to have property transferred to the nominee, satisfying the legislative requirements for additional duty.
The Federal Court of Australia has ordered that home loan provider, RAMS, pay a $20 million penalty due to widespread non-compliance with the National Consumer Credit Protection Act 2009 (Cth). Whilst legislation confirms standards and adequate supervision is required by a franchisor, whether it provides adequate protection for consumers before an event has occurred is to be determined.
Limited recourse borrowing arrangements, or LRBAs, provided self-managed superannuation funds with the opportunity to borrow funds from a lender to purchase property. However, from 10 August 2026, LRBAs are now limited to the acquisition of business real property, effectively excluding residential property from the arrangements.
The Supreme Court dismissed a purchaser’s application to force the vendor to settle on a contract of sale where conditions precedents were not met.
Raising capital can accelerate business growth, but each funding option comes with different risks and obligations. Our latest article explains the key structures, benefits and challenges to help you choose the right approach for your business.
Victorian councils regularly incur costs in carrying out their statutory functions, but recovering those costs requires strict compliance with the relevant legislative framework. This article highlights the key procedural, evidentiary and practical considerations for councils pursuing statutory debt recovery.
NFP mergers are increasing as funding pressures and regulation grow. Understanding structure, risk and strategy is critical. Our latest article outlines what your organisation needs to consider.
The recent case of Gliddon v Latham Professional Services [2026] VSC 338 provides important guidance for landlords and tenants on the distinction between a lease and a licence. This summary sets out the key points you should be aware of when entering into occupancy arrangements.
Under the ACL, a safety defect exists where the safety of goods is not such as persons are generally entitled to expect.
Share splits explained: what they are, when to use them, and how to do them in Australia. Learn how to restructure your share capital without dilution, stay compliant with ASIC, and set your business up for growth, investment, and employee equity.
Han & Han [2026] FedCFamC1A 54 (Han & Han) provides important commentary around how loans between parents and adult children may be treated and categorised in family law matters.
Commercial contracts underpin every business relationship. Our latest article outlines key legal principles, common clauses, and why clear drafting is essential to manage risk and avoid disputes.